Reclamation Board Bond ActGeneral Provisions
Section § 9260
Once the board of a drainage district finalizes and approves a property assessment, they can decide to issue bonds. This decision to issue bonds helps gather money to cover the costs of the project or expenses that the assessment was intended to fund, if they believe it's in the best interest of the property owners in the district.
Section § 9261
If the board decides to issue bonds, everything that follows, including assessing and collecting funds, must follow the rules outlined in this section.
Section § 9262
This law section explains that if the board decides to issue bonds, it should keep the original assessment lists in its own office rather than sending them to the county treasurers. This retention lasts until a court decision is reached in the related legal process described in Chapter 3.
Section § 9263
This section explains that when a drainage district sells bonds, the board must use the money to build and complete the project that the bonds were intended to fund. The board is responsible for executing the plans that the bond sale supports.
Section § 9264
Section § 9265
If an officer has to spend money to handle tasks related to collecting or enforcing assessments, those costs will be covered by the funds of the drainage district.
Section § 9266
If the board or anyone designated in this section doesn't carry out their required duties, the Attorney General will use legal actions to make sure they do. This could include mandamus, which is a court order to fulfill an obligation, or other legal remedies.